…We can’t rule out the possibility that, at some point in the next few years, our economy will slow, perhaps significantly. How would the Federal Reserve respond? What tools remain in the monetary toolbox? In this and a subsequent post,
March 19, 2016
The US dollar had a difficult week. The price action after the ECB meeting had undermined the technical tone, and the dollar took another leg down after the FOMC moved closer to the market expectation by reducing the number of rate
As a cash flow and income focused stock investor, I really don’t get the market valuation of Amazon.com, Inc. (NASDAQ: AMZN). The stock trades at close to 500 times earnings per share and has always had an extremely high share value
The S&P 500 (SPY) is UP year-to-date 0.2%. That does not sound like much for mid-March, but consider from whence we came…The S&P 500 (SPY) has finally reversed all its losses for the year just as it has printed a
Friday was a quad witching day and began with some wild heavy, heavy, volume swings but in the end, it was just noise. Stocks and markets are acting great and look to have more upside in the week to come. Good
EUR/USD backed down from the post-Draghi highs only to shoot even higher on the Fed’s dovishness. The highlights for the upcoming week are the dual German business surveys as well as PMIs. Here is an outlook for the highlights of this week and
VIX declined beneath weekly mid-Cycle support at 15.93, making a new Master Cycle low.The Cycles Model suggests VIX may begin to rally next week.An aggressive buy signal (NYSE sell signal) may be made with a rally back above mid-Cycle resistance.
On Mar 17, 2016, shares of Duke Energy Corporation (DUK – Analyst Report) soared to a new 52-week high of $80.22. The stock pulled back a bit to end the trading session at $79.99. This utility giant with a market cap of around $55.03
Options expiration played into Friday’s volume, but it was a decent push by bulls for a rally which is in the latter stages of its run (at least on an intermediate time frame).The Dow had the best of the
I am constantly skeptical of the term “helicopter money” as bandied about by the average economic writer. “Free cash” is what I consider helicopter money. The typical headline reference to helicopter money is some sort of discussion about QE, monetary printing,
